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Dependence of the value of the construction enterprise on the size of the equity
Bahenský, Miloš ; Kocmanová, Alena (referee) ; Špirková,, Daniela (referee) ; Korytárová, Jana (advisor)
The doctoral thesis deals with the valuer issues of business valuation with construction production in the condition of the Czech economy. The business valuation issue is, and will always be, highly relevant in a market economy environment, with regard to both methodical and practical approaches. The main aim of the doctoral thesis is to demonstrate the dependence constructing empirical regression model to determine the value of the construction enterprise by the chosen income valuation method based on the equity (book value of equity in historical costs). The first part of the doctoral thesis is a research study describing the approach of the authors to the current state of knowledge concerning the issues of business valuation, aspects of equity, using the principles of system methodology. Based on these findings, a space is defined in which it is possible to propose a solution of a partial problem in terms of selecting the enterprise value category and the associated income valuation methods suitable for extensive time-series analysis. An integral part of the doctoral thesis is the determination of the sample size of construction enterprises according to the assumptions and limitations of the chosen methodology. Empirical research for data collection is based on Justice.cz database. Another important part is, in the spirit of system approach principles, the choice and application of the method of system discipline for the solved problem of doctoral thesis. The result of the solution is an empirical regression model, which after subsequent validation in multiple case studies could also be recommended for wider verification in valuers practice. Part of the thesis will also include discussions in the wider context of the potential benefits of the doctoral thesis for practical, theoretical and pedagogical use.
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Možnosti voľby vhodných metodických postupov pre ocenenine podniku
Bartko, Patrik
This diploma thesis focuses on the evaluation of suitable methodological procedures in business valuation. Firstly, it means comparison of different ways of every author, depending on international and national valuation standards. Second step is practical application of valuation methods. In the result, there are three values and each of them is looking on valuation from different way. That’s one of the most important aspect in this thesis, and main reason, why is thesis focusing on singularity of each method in particular situations. In the final recommendations, this thesis considers, that main problem are valuations standards in Czech Republic. For higher level of business valuation is important complete these standards.
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Dependence of the value of the construction enterprise on the size of the equity
Bahenský, Miloš ; Kocmanová, Alena (referee) ; Špirková,, Daniela (referee) ; Korytárová, Jana (advisor)
The doctoral thesis deals with the valuer issues of business valuation with construction production in the condition of the Czech economy. The business valuation issue is, and will always be, highly relevant in a market economy environment, with regard to both methodical and practical approaches. The main aim of the doctoral thesis is to demonstrate the dependence constructing empirical regression model to determine the value of the construction enterprise by the chosen income valuation method based on the equity (book value of equity in historical costs). The first part of the doctoral thesis is a research study describing the approach of the authors to the current state of knowledge concerning the issues of business valuation, aspects of equity, using the principles of system methodology. Based on these findings, a space is defined in which it is possible to propose a solution of a partial problem in terms of selecting the enterprise value category and the associated income valuation methods suitable for extensive time-series analysis. An integral part of the doctoral thesis is the determination of the sample size of construction enterprises according to the assumptions and limitations of the chosen methodology. Empirical research for data collection is based on Justice.cz database. Another important part is, in the spirit of system approach principles, the choice and application of the method of system discipline for the solved problem of doctoral thesis. The result of the solution is an empirical regression model, which after subsequent validation in multiple case studies could also be recommended for wider verification in valuers practice. Part of the thesis will also include discussions in the wider context of the potential benefits of the doctoral thesis for practical, theoretical and pedagogical use.
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Determining the value of CRV Czech Republic, Ltd
Hanzalová, Mirka ; Jánský, Jaroslav (advisor) ; Sabolovič, Mojmír (referee)
An aim of this diploma thesis is to determine the value of CRV Czech Republic, Ltd. The document will serve to help to improve management's awareness of a management of the enterprise they lead. The thesis is divided into two parts, namely theoretical and practical. The theoretical part explains a valuation process, including a definition of valuation methods. The practical part then presents results of parts of evaluations conducted by a strategic analysis and a financial analysis. Next follows the analysis and prognosis of the value generators and a compilation of a financial plan. Finally, the valuation is done using discounted cash flow methods, an economic added value and capitalized net returns. The valuation method also uses an equity method. At the end, synthesis of results is made and the final value of the company is stated to 31 August 2016.
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Valuation of the pledge of business share in case of aquisition of the company XY s.r.o.
Pawlasová, Lucie ; Rýdlová, Barbora (advisor) ; Kotvan, Petr (referee)
This thesis aims to evaluate the company XY s.r.o. to the date of 31 December 2014 and to assess its financial health and perspectives. The theoretical part is devoted to a brief description of pledge of business share from the perspective of the bank with its advantages and risks. The practical part or the actual valuation is divided into classic chapters. The introduction presents the valuated company with a consistent description of their products. Another chapter is devoted to strategic analysis, which evaluates future outlook of the company. In the financial analysis, the individual balance sheet items are decribed and their development in time is monitored. Individual valuation is performed using the capitalized earnings method and is additionally supported by the incomplete substantial method and market multipliers.
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Determination market value of company
BRÁZDOVÁ, Nela
The aim of diploma thesis is to evaluate selected company as a whole for its inner purpose. This purpose allocate category value, respectively determination of venture?s market value, which is most often defined as estimated amount for shift assets to the date of evaluation among optional and independent partners. Theoretical part of thesis qualify theoretical problem frame of company valuation. In this part of thesis essential key words, factors and value categories are defined. Part of the problem is also strategic and financial analysis and projection of future reports or financial plan. Last part deals with methods of valuation itself ? methods based on revenue analysis, market and assets. For evaluation purpose has been chosen company BRÁZDA-AUDIT, a. s., which deals with experts activities in field of economics.
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Ocenění podniku EOS KSI Česká republika, s.r.o.
Bucharová, Ivana ; Maříková, Pavla (advisor) ; Hackl, Zbyněk (referee)
The main goal of the thesis is to establish market value of the company EOS KSI Česká republika, s.r.o. to the date of 28.2.2009. This thesis is divided into 5 parts: strategic analysis, financial analysis, value creators, financial plan and overall evaluation of the company. As a main method is used DCF Entity and as an additional method the capitalised net revenue method. The value of the company is established as an interval range.
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